The Bank Alfalah Islamic Musharakah Savings Account is designed to maximize your returns while giving you the freedom to manage your finances without balance limits or transaction restrictions. With monthly profit payouts and free banking essentials, it makes everyday banking simple and rewarding.
What You Get:
Available to all Pakistani nationals with CNIC/NICOP/SNIC.
Open your account with just PKR 100.
Single-tier profit-bearing account with profit calculated on average monthly balance and disbursed monthly.
No minimum or maximum balance limits.
Unlimited deposits and withdrawals with no restrictions.
Free first cheque book, e-statements, and semi-annual account statements.
Free nationwide online banking, SMS alerts on every transaction, and global debit card acceptance at 30 million+ outlets and 2 million+ ATMs worldwide.
Maintain an average monthly balance of PKR 10,000 in your checking account to get free accidental death and permanent disability takaful coverage of up to PKR 2 million.
| Features | Bank Alfalah Islamic Musharakah Savings Account |
|
|---|---|---|
|
Currency
|
PKR
|
— |
|
Initial Deposit to Open
|
-
|
- |
|
Minimum Balance to Keep
|
-
|
— |
|
Account Maintenance Fee
|
-
|
— |
|
Indicative Profit
|
0.08
|
— |
|
Profit Payment Frequency
|
Monthly
|
— |
|
Debit Card
|
Yes -
Charged
|
- |
|
Cheque Book
|
First Cheque book free, subsequent
cheque books PKR 22.5/- Per leaf or equivalent for FCY
accounts
|
— |
|
SMS Alerts
|
PKR 250/- Per Month
|
— |
|
E-Statement
|
Have this
feature
|
— |
|
Bankers Cheque
|
PKR 450/-
|
— |
|
Clearing
|
Intercity - 350 Per Cheque, Same Day - PKR 600/- Per
instrument
|
— |
|
Account Limits
|
No Limits
|
— |
|
IBFT
|
Free up to minimum aggregate sending
limit of PKR 25,000/- per month per account, After exhaustion of
monthly limit or for amount exceeding aggregate of monthly PKR
25,000/-; 0.1 % of the transaction amount or PKR 200/-
(whichever is lower) will be charged.
|
— |
| Open An Account |